Archive for the ‘Biz360’ Category

Developing Good Topic Searches

Thursday, January 7th, 2010

I often get asked for help with topics – I guess that’s because I have created tens of thousands of topics over the years. For those of you who are new to our Community Insights platform, topics are saved searches. I have compiled a set of general tips on creating topics in the CI application, but these could apply to searching the internet in general.

  • While it’s well worth your time to plan the search strategy before actually creating a topic, it’s best not to spend too much time trying to arrive at a search that will give you perfect results the first time around, especially if it’s a concept that you have never searched on before. Start by keeping it general, and then narrow it down for more specific results. (Yes! creating topic search strategy is a fun creative process).
  • It’s a misconception that you need to list every possible search term that might yield relevant results. Usually a few good search terms will yield 80% of the results. So rather than trying to find an exhaustive list of search terms, your goal is to find the best search terms.
  • The easiest searches are those for brand names – names of companies and products. For example, if you search for Biz360 you can be pretty certain that most, if not all of the results returned will be about the company Biz360.
  • Searching for brand names is more difficult when the names are not unique.  For example, if you want results for the auto manufacturer Mini, you would have to use other qualifying terms along with Mini because the word on its own is not unique enough. So don’t run a search for just Mini. You would start by searching for Mini Cooper or Mini AND Car. Once you review a page full of results you will have a pretty good idea if you need to widen or narrow your search.
  • Planning for a topic involves identifying the main concepts that you want to search on. Make a list of terms for each concept. Also make a list of excludes.
  • Terms could be single terms like Mini or phrases  like Mini Cooper. I’ll illustrate this through an example. Let’s say I want to find conversations about fuel efficiency for the Mini – there are 2 concepts, the Mini and fuel efficiency.

Mini  : Mini Cooper, Mini AND car

Fuel Efficiency : fuel efficiency, fuel economy, fuel efficient, mileage, miles per gallon, mpg, fuel consumption

Excludes : netbook,  desktop,  Mac,  HP,  Apple,  Dell,  mini van

  • Run individual searches on each of the terms before running a combined search because it will help you to find:
    • The best search terms (in terms of number and quality of results)
    • Synonyms and other related terms
    • Irrelevant results for which you need to write excludes – here again don’t write excludes for every irrelevant post, only for terms that bring in several irrelevant results.
    • Terms that need additional qualifying terms to produce relevant results
  • Once you arrive at the list of the best terms, generalize and remove redundant terms.  For example you may not have to use all the above fuel related terms, just the term fuel may be sufficient.
  • If it is a simple concept you could use the Simple interface (both in Google or our Community Insights application). But if there are multiple concepts with complex relationships you will need to use the Advanced interface which allows you to use Boolean operators (AND, NOT and OR) and parentheses to connect the terms.
  • It’s always a good practice to preview search results before saving a topic to make sure you have no errors.
  • Though building topics is an iterative process, you also need to use judgment about when to stop tweaking a topic because it’s impossible to get only relevant results especially with social media content.
  • If you are a Community Insights user and require more specific topic creation syntax in the application, log onto our Support Portal http://ci.biz360.com/support/portal and run a search for Topics to access our Topic Creation videos.

To find out how Biz360 can power your insights, visit us here, or get started here. Thanks for visiting!

Salesforce.com Executive Joins Biz360 to Expand Market Release of Social Media Monitoring Platform

Sunday, November 22nd, 2009

We are happy to welcome Puneet Arora to the Biz360 executive team as chief sales officer. Puneet will focus on further accelerating sales for the company into small and medium size businesses as well as large enterprises.

He comes to Biz360 with 16 years of experience. Most recently from Salesforce.com, the industry leader in CRM, where as vice president of corporate sales he built a team which achieved 30% sales growth annually. “The growth of Social Media in CRM is driving the need for solid and innovative technology solutions, especially in social media monitoring. Biz360 has been in the media monitoring business for 10 years, recently expanding their offerings to small businesses to offer a best-in-class solution. I believe it is positioned perfectly for this opportunity,” said Puneet.

Puneet has extensive experience with SaaS solutions, including managing customer success and customer service programs to serve major enterprise client as well as small businesses. Prior to Salesforce.com, Puneet helped BlueRoads, a channel management SaaS provider, double revenues each year for 3 years. Earlier in his career, Puneet helped pcOrder and Selectica through very successful IPO’s.

“We are excited to add Puneet to our team,” said CEO, Brad Brodigan.  “He has built successful sales teams to develop strong relationships through customer relationship management.  His unique perspective will help our clients gain even more value from their social media programs.  He has a track record of success at Salesforce.com and other SaaS companies. We look forward to applying Puneet’s abilities towards further accelerating the market release of our latest generation social media monitoring and engagement platform (Community Insights) as well as the rest of our global media analysis services.”

New Partnership to Meet Growing Demand for ROI Measurement in Social Media

Monday, November 2nd, 2009

Chess Media GroupWe are very excited to announce our strategic partnership with Chess Media Group. This partnership combines social media analysis with ROI and strategic consulting is a positive step for both clients and the industry.

As the demand for social media grows, there is an increase in the request to provide accountability and to measure the impact of investing in social media to companies. Social media is a new territory for most marketers and executives with the majority of efforts in the space have been experimental. However, as the case studies for success in social media have materialized, more companies are asking how their social media investments are performing.

This partnership provides the most comprehensive technology to monitor and measure your brand in both traditional and social media combined with the expertise to understand the ROI and real impact of these efforts. Furthermore, this combined solution will help you optimize your social media investment going forward.

Jacob Morgan

Jacob Morgan

Jacob Morgan and Chess Media Group are well recognized and respected social media business advisors. They have provided many companies, small and large, with expert strategy, implementation, and ROI analysis of their social media programs. In addition, Jacob has been named an advisor to Biz360.

Brad Brodigan, Biz360 CEO, mentioned, “Our leading monitoring and measurement technology is a perfect complement to the social media strategy and ROI expertise of Chess Media. We are proud to work with them to leverage our technology and their expertise to better serve the growing customer demand in social media.”

Chess Media Group offers services that enable clients to create and capture the value of social media. Their processes can provide solutions that will optimize the effectiveness of any business’ social media investments. Chess Media also writes a popular blog on social media.

Jacob Morgan believes, “the business intelligence platform of Biz360 combined with our accountable social business approach delivers compelling solutions that will justify and optimize our clients’ marketing investments.”

We look forward to working with Chess Media and our customers.

The Salesperson as Colombo

Wednesday, October 14th, 2009

The biggest mistake I see with inexperienced salespeople is talking too much.

They come in with the idea that to sell, they have to be the one talking. They don’t listen because they’re talking and not asking questions.

An effective salesperson is a detective. To be good at what I do, I need be Columbo. Some of you probably don’t remember the TV series Columbo, but it starred Peter Falk as the title character – an unassuming, humble detective with a keen eye for detail. The series was different from other detective stories because most episodes started by showing the perpetrator committing the crime. The show’s creator described it as a “howcatchem,” rather than a “whodunit.” It centered on Lt. Columbo figuring out who the criminal was by asking questions and examining overlooked evidence.

So the philosophy I impart to my sales team is to focus on being like Columbo.

I investigate an enormous organization and find the person whose business problems I can solve. When I identify the prime suspect, I go in and discover the evidence to see if I can indeed really solve his or her problem.

Telling the potential customer what I think they need at our first meeting is no more beneficial than it would have been for Columbo to tell a suspect his theories before he had asked any questions. There is no humility in that. It would be arrogant to assume I know how to solve problems before I even know what those problems really are.

Instead, I ask potential clients about their businesses, their challenges. I follow up with questions like, “When that happens, what does your department do then?” and “Is there a financial impact?”

A good salesperson’s job is to ask tons of open-ended questions to understand the client’s business – to collect the evidence.

“What’s the impact on your company if you’re not listening to what your current customers are saying? Is that a risk to your business? What kind of risk? Have you had anything bad happen? Have you ever used information like that to improve? What strategies do you have to grow your business? What types of things have you tried?”

On the flip side, when I’m asked a question. I offer massive transparency. Ask me a question, and I’m here to publish it for everyone to see.

Therein begins our relationship, a relationship built on honesty.

Biz360 CMO Tony Priore to be at the Real Time Web Summit Oct. 15

Friday, September 25th, 2009

Consumers are participating more and at a faster rate on the web than ever before.  Instead of merely being big, the companies that seem to be winning out are those that are the most agile to listen, anticipate and then act on what is being said.

These real-time interactions bring up entirely new issues for companies eager to thrive during a recession.  This is the focus of the Read Write Real Time Web Summit in Mountain View, California on October 15.  Companies like Facebook, Google, Yahoo and the New York Times will be there.  The conference will be very participatory and will educate you on how you can best adjust to the rapid changes we’ve seen to the web in the past few years.

Biz360’s Chief Marketing Officer Tony Priore will be attending the summit.  Biz360 recently launched it’s new SaaS product Community Insights and will be reporting any news or tips gained.  If you plan to attend, please say hello.

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Learn to Manage Social Media Effectively from ReadWriteWeb’s Marshall Kirkpatrick

Monday, August 31st, 2009

blogheaderpictechjourno
ReadWriteWeb is one of the most influential blogs in social media today. In a time when a lot of companies are struggling to figure out how individual relationships present in social media affect the bottom line, ReadWriteWeb always presents information to help them stay ahead of the curve.

The field of leveraging and fostering these individual relationships via the web is often called Community Management. Many people vow to be experts in the space, but very few of them have been involved in social media as heavily and early as ReadWriteWeb’s Content Editor Marshall Kirkpatrick. I asked for his advice on how companies who may be struggling with social media can get started or become more effective with it:

MICHELLE:
When did you first get involved in social media? How has the social media space evolved since you first engaged in it?

MARSHALL:
I’ve only been doing this for about five years. I came from the nonprofit world and thought social media tools would be good to learn about so I could help bring them into that sector. I blogged as I learned and eventually started getting work blogging, more than the consulting I originally envisioned. When I got involved in all this it was a lot more marginal, we were all very scrappy. There were a surplus of freaks all trying to get or create a relatively small number of jobs in the field. Now social media is far, far more mainstream. Everyone’s more professional and there are far more marketing and PR people involved. On the up side, I did get to meet Neil Young once because of all this. I didn’t see that coming. So I guess you could say it was always weird, but now it’s getting really weird.

MICHELLE:
Blogs and Twitter are integrating marketing, product development, customer service roles for companies into one Community Manager role. In a large company, what is the most efficient way for a Community Manager or Managers to delegate these tasks so as to make the customer happy?

MARSHALL:
I think it’s best for all the traditional roles to stay intact and for a new position to be created that bridges all the different departments with social media as the glue. The Community Manager contributes to almost every department in a company but needs unique social-media specific skills and experience.

MICHELLE:
What steps should companies take to best empower their Online Community Managers to make the best decisions?

MARSHALL:
Let them speak freely in public. Let them spend their time however they see fit, as long as they are getting results. Expect a lot from them but understand the way they are being pulled in many directions on both sides of a wall – inside and outside the company. Understanding their job is helpful. Reading our Guide to Online Community Management is a good way to accomplish that.

MICHELLE:
I find a lot of larger companies’ social media efforts to be somewhat “gilded”, where the negative comments get ignored and the positive comments get rewarded. What are your thoughts on this?

MARSHALL:
That’s probably not a sustainable strategy for too long. Even if you can maintain it for a while – it’s no way to make the most of your engagement with social media. That requires as much authenticity as you can muster, in order to build relationships, in order to harvest the gains. This isn’t just another broadcast medium to push your marketing message through – this is people baring their hearts and minds to each other. (Really!) There’s good business development opportunities there, but only if you connect meaningfully with other people.

MICHELLE:
Can you name a great example of how a company capitalized on an opportunity presented in the social media sphere?

MARSHALL:
Smart people strengthen relationships between themselves and sales leads, vendors, possible hires, analysts, press and other people of business interest through social media all day every day. One of my favorite stories is about Lucia Willow, Community Manager at Pandora. Twitter is larger than Pandora now, but for most of the time she was on the site that wasn’t the case. Lucia says that she’s used every social network out there but Twitter offers her “the best bang for the buck.” When Pandora was facing a possible end to their business because of rising licensing fees, Lucia was able to mobilize scores of people on Twitter to engage with Congress over the matter and pass it on to their friends. It ended up saving not just that business, but potentially many other innovative small companies at risk as well. Twitter users are unusually fast-acting and engaged, Lucia told us. That’s just one of a number of case studies included in our Guide to Online Community Management.

An Interview About the Future of Managing the Online Sphere with Silicon Angle Editor Mark Hopkins

Wednesday, August 19th, 2009

Mark Hopkins
Mark Hopkins is Editor of the tech blog Silicon Angle and the former editor of the social networking blog Mashable. He has built the online communities for Mashable, Blip Media, 5Tribe and Intel.

From the time you were Associate Editor at Mashable to now running SiliconAngle, you’ve followed social media technologies very closely.  How have tools like Twitter made blogger’s voices so much more powerful?

Twitter has been a great equalizer for content producers, making individuals the ultimate wielders of the power, as opposed to the larger organizations.  Twitter became a ‘thing’ for content producers during my tenure at Mashable.  When I signed up for the service, I was the only guy at Mashable utilizing it, and quickly became the one with the largest social graph. I had caught a tweet from Marshall Kirkpatrick stating that the last few scoops he blogged had come from Twitter, so that made me start paying better attention to it.

Interacting with others and syndicating my Mashable and personal blog posts to the service gave me an edge up against the other users in terms of capturing attention and engagement that they didn’t have, which is what ended up getting Pete to start looking into utilizing it for the blog.  The end of the story, obviously, is that Mashable is getting a large majority of their site’s considerable traffic from Twitter retweets now, and when they look for new talent, they set minimums to the size of the social graph on Twitter a potential contributor has before they’ll even consider their other qualifications.

The bonus is, though, that after I left the company, I was able to take my readers with me.  Part of the meteoric growth of SiliconANGLE has been due to my readers following me from place to place.  I rarely update my personal blog these days, but whenever I do, I simply need to tweet that a new post is up, and my traffic returns to pre-staleness levels.  In other words, people are paying attention to me, and where I put my thoughts (in terms of what site those thoughts reside on) is more or less inconsequential as compared to the fact that I’ve said something.

So many big companies set up a company blog or a community and then fail. What has to be set up in place in order for these to succeed?

This is a tough question – mostly because it depends on the type of engagement you’re trying to encourage, and what sort of clout the company has coming into the game.

In most cases, though, there are three parts that need to be available for engagement to happen:

triangle

Fire needs oxygen, heat source or ignition, and fuel to burn.

For engagement, you need conflict, utility and people.  This is a gross simplification, but the metaphor maps pretty well to the fire pyramid.

Conflict doesn’t need to be as negative as it sounds.  Something for people to quibble with, clarify or ask questions about can qualify as conflict.  If a blog post is too complete or authoritative, there is no reason for a member of the audience to interact, thought they may pass it on to their friends.  There’s a fine art to being less persuasive than you can possibly be without being disengenuous.  It’s best to regard a blog post as a game of chess (or checkers, if you will).  Leave some ammunition in your persuasive argument to fire off in the comments when you interact with the readers.  It gives you more talking points, and lets the audience know that you’re available to interact with.

Utility is simple and complex at the same time.  By utility, I mean the tools of the trade – blogs, microblogging, Digg, Stumbleupon, Twitter, et. al.  You shouldn’t expect to engage on all social platforms for all blog posts.  Not only is it unrealistic, but it’s inappropriate.  Each tool carries it’s own set of cultures and memes, and not every message you may have is appropriate for all toolsets.  It is, though, important to engage on utilities and communities outside your own because the biggest reason your corporate blog is failing to engage is that you’re hoping that the community comes to you.

… which brings me to people.  If you’re just launching a blog, you have no people.  There are dozens of tricks to getting more folks to your site, but you must engage a few of them at least to start, because everyone begins with zero audience.  If you’re not syndicating your content to outside communities, you’ll never be discovered in a significant way.  Engagement, by definition, requires there be more than one person. Go out and find them, and if you have the other elements to your content I’ve described, engagement will follow.

Corporate culture dictates that marketing efforts should have tangible ROI.  What advice would you give to a CMO struggling to convince higher ups that monitoring and participating in the online space has tangible benefits in the end?

Every audience member who engages your online content is a monetizable lead. If you’re a marketer that’s been around Internet technology for five to ten years, you remember opt in email lists.  Engagement is the new opt-in list.

Engage the same audience member enough times, and they are considered part of your community.  It’s important to have the tools in your social media presence to hook them in meaningfully, be that a discussion group, community driven website, or niche brand social network – because that’s the path to ROI on your social media content.  Simply having a successful blog is half the battle – if your strategy ends there, you will never see tangible ROI from your efforts, even if it benefits your brand and company in largely intangible ways.

Aside from leading your audience into becoming registered fans of your company, there are dozens of intangible benefits that large companies spend millions and billions of dollars a year to achieve through traditional media that can be achieved through thousands of dollars a year with social media – including branding, evangelism, customer service as marketing, and technical support as marketing.

This is something SiliconANGLE is attempting to do with a number of large Silicon Valley brands in the chipset and networking arena – taking what are essentially lifeless technical support forums for devices and software development packages, and turning them into thriving communities for interaction, thought development and leadership, and brand representation.

How quickly has social media technology evolved just in the past five years?

By leaps and bounds. The social media mojo (as you put it) that I have now would not have been realistically achievable for me five years ago.  Tools like Twitter, Friendfeed and Facebook create ecosystems of people who actually care what I have to say for whatever reason (be they connected to me geographically, topically, or by relationship) that I can syndicate my content to.

Five years ago, finding audience was a hit or miss situation where you must explore manually the blogosphere by topic or region and hope you could usurp some of their audience as your own.

These days, it’s as easy as interacting with people, regardless of their influence or station, and letting the merits of your ideas capture them.

How can large companies evolve technologically so that someone monitoring the social media space can communicate effectively with other team members to solve problems presented in the social media sphere?

Much of the top tier social media and public relations consulting firms counsel their clients on what is essentially (in netspeak, anyway), a strategy of lurking… that is to say, “just listen.”

Listening is only part of the equation.  Tools used for mining the social media ecosystem for useful data are great, but they’re nothing if you take no action on them.  The biggest technological step a company can take is to shift, psychologically, their attitude towards these reports.  Useful data isn’t useful unless you use it.  Develop strategies to engage those speaking up about your brand or about the ideas useful to your company, and create a net to capture those folks in, be it a blog, community site, discussion group or other social media tool that allows one easy access to those folks again.

Engagement is the new opt-in, and understanding that is 80% of the battle.  Once you get that and understand the machinations of the various utilities in the social media toolbox, the path to ROI becomes obvious.

Is Your Company Prepared to Handle Google’s Next Big Change?

Friday, August 14th, 2009

The Google algorithm is about to change.  It’s changing significantly and it will affect how you can shape the relationship you have with your customers online.

That’s a pretty drastic statement.  Can you explain why this is?
Everyone knows that sites listed highly in Google get more traffic than those that don’t.  This can be achieved through search engine optimization.  Search engine optimization at its base level is fairly simple.  Sites listed highly in Google are 1.) relevant to the keyword a searcher types in 2.) linked to heavily by other sites that are relevant to that topic and 3.) archived frequently, which means Google’s crawlers have repeatedly “viewed” what is on their pages.

In a new shift in how websites are indexed, Google will soon be moving more towards a “real time” web.  To what extent we are not sure about yet as Google doesn’t reveal its methodology, but they have a test site where you can check how results will differ.

What does this mean?

It means that fresh content, both by you and about you, will take a higher level of precedence over content that has simply been there a long time.

Why does this affect how my company interacts with customers on the web?
If a customer complains about your company in social media, it has the potential to usurp your own website in Google search engine result pages much faster than it used to.  If he or she gives a glowing review, this could also be the case.  As someone who is monitoring your company’s reputation, competitors, and your industry online, you have the potential to help shape how this dialog unfolds and affect how your site is listed in Google.  Brand managers will have to act more like customer service reps than ever before.

How significant is this change?
It is too early to say as Google protects the actual methodology for how they achieve their rankings.  Following blogs by their head of webspam Matt Cutts as well as Mashable, ReadWriteWeb and SearchEngineLand can help you figure out how significant real time content will affect search engine rankings.

European Media Favors Democrats More Than Does U.S. Media

Thursday, January 24th, 2008

We’ve all heard arguments about whether or not there’s a liberal bias in the U.S. media. Politics aside, I think the one truth most of us could agree on is that there’s a media bias toward stories that generate readers (and stories that are easy to file, which is where good PR comes in). At Biz360, we wanted to know how European media coverage of U.S. presidential candidates compares to U.S. coverage and discovered that not only do Democrats get more coverage at home, but the top Democrats appear in 10 percent more of total candidate coverage in Europe.

The following charts show European and U.S. media coverage, respectively, for U.S. presidential candidates and hopefuls over the past 30 days.

European Coverage of U.S. Presidential Candidates
30 Days of Media Coverage

IMG1_Europe

United States Coverage of U.S. Presidential Candidates
30 Days of Media Coverage

IMG2_United States

Hillary Clinton and Barack Obama dominate both U.S. and European coverage, but it would take further analysis to determine whether a media bias is at work. There’s inherent interest in that contest and that interest has a favorable result for the Democratic Party “greater media share. Recent barbs between Clinton and Obama have only tightened the media’s focus on the Democratic primaries. But unlike the GOP contest, there’s a clear media leader in both regions “Clinton maintains a five-point lead over Obama in Europe compared the two-point lead she currently has in the U.S.

The uncertainty of the next GOP presidential candidate has kept that story going, but with a shifting three-way race, predictions of the final showdown have caused each candidate to take a back seat at one time or another. Note that the top GOP candidate is third overall in both charts, but the gap between third and second is 24 points for European media and only half that for U.S. media. If the contest moves to a clear two-person race, the likely result is greater coverage for both candidates, which may help to close that gap.

Overall, European interest in U.S. presidential candidates is broad and the sixth and seventh place candidates have stronger media representation than you might guess. In a global economy with business and family ties around the world, other countries are following the U.S. closely and opinions abroad can affect decisions at home. Political candidates, corporate leaders and other high profile personalities can use traditional and social media analysis to understand these opinions and how they might impact their reputation.

Building for the Future – First Week as CMO

Monday, February 12th, 2007

Our Secret Ingredient

I was working on another business when I received a call from Brad Brodigan, CEO of Biz360. I worked with Brad in the past and have a great deal of respect for him professionally and personally. So when he shared the story of Biz360 with me and the ambitious vision for the company, I listened intently. He described the company’s growing market opportunity, innovative technology, blue chip client list, talented team of employees, solid financial support and commitment to expansion. These details certainly made me pause. Biz360, he explained, is a company with a strong foundation and tremendous growth potential.

Having worked together before, Brad was familiar with my background. He knew that this is exactly the kind of business I would be charged up about. With over 25 years of marketing and management experience, I’ve directed marketing initiatives for a range of respected and innovative companies. This experience includes the successful launch of two start-up companies and the IPO’s of three “the types of business challenges that excite and motivate me like no other.

Several conversations and meetings later, I agreed to join the Biz360 team. I am focusing on both growing our core business and the aggressive expansion of new products. Over the coming weeks, we will be sharing more details about the company’s product development initiatives of which many of you are already involved.

After my first week as CMO, I am thrilled to be here and eager to help grow Biz360 into one of the world’s great and enduring companies. I am certain we will get there. Building for the future takes real effort and focus. We have superior technology and a great business model. And I am already impressed by the people here — your level of talent, energy, team spirit, commitment and enthusiasm. I know that people make the difference between achieving greatness and mediocrity. With you, I believe we have what it takes. You are our secret ingredient.

We are focused, nimble and entrepreneurial. In my mind, it is the perfect start to building the great and enduring company we envision. Thanks for welcoming me to Biz360. I look forward to working with all of you.

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